The chairman has his excuses ready when asked about endowments
'Here's something I've been meaning to ask about for some time,' I said to the chairman of the insignificantly-sized investment company SmallBlue Planet as we sat drinking pints of Partick Ned's Badger in The Biting Cuddy. 'It's about endowments.' 'I'll do my best,' promised the chairman. 'But you must remember that I didn't understand the things even when we were selling them through our life arm back at the old place. So once I'd sold everything to Dullbank, I decided never to touch them again. Still, ask away and, as I said, I'll do my best.' 'It's funny you should mention Dullbank,'...
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